We recently discussed the large bite that dining out can take from your budget but it doesn’t stop there. Oh no, not even close. Take a look at the following budget busters and think about changing them too. 1. Smoking: Coffin nails cost the serious smoker about $1,600 yearly. Not to mention turning your lungs the consistency of the track at Daytona after a long day of racing. If you want to ever be taken seriously as a thinking human being, give up this habit. 2. Drop the pop: We talked about this one already. Daily liquid sugar overdoses are about as good for your immune system as smoking is for your lungs. Have you noticed how expensive pop drinks are at your favorite fast food franchise? 3. Lattes: This fancy caffeine injections costs about $4. Is this a good business decision for the young wealth builder? We say no. 4. Turn off electronics: Ignore the computer geeks. It saves noticeable money to switch off the gadgets before going to bed or when you’re gone. Opt for energy star models when you can. 5. Television: Do you really watch all those extra channels in the nose bleed subscription and, if so, should you? Go with the basic package or, better yet, none at all. Crack a book and find some real entertainment. Seriously, you won’t die if the television is off. That’s probably about all the budget busting a person can be expected to handle in one sitting but we’re not done yet. Come back tomorrow, if you dare, for five more habits that are killing your budget. The Young Wealth Team

Image Here

The Lesson of Pacific Property Assets: Avoiding Schemes

We hear about it all the time–scams aimed at swindling money from innocent people. Especially targeted are the elderly, who may not be (though this is certainly changing) as familiar with technology, making them easier to take advantage of. This is happening across the country–no city, large or small, is...

Modern Love: Unmarried and Buying a House

The face of modern love is ever changing–more and more, couples are living together for extended periods of time and choosing not to marry. For political, social, and personal reasons, many individuals make the decision to remain legally unmarried. But that doesn’t mean homeownership is out of the question. Though...

Invest! (But Not in the Stock Market)

There are a lot of reasons to avoid the stock market, but that doesn’t mean you should avoid investing altogether. Perhaps your confidence has been shaken by the crazy fluctuations or maybe you’re not interested in the long-term vision the stock market can require. No matter your reason, there are...

YW 43 – Extreme Entrepreneurship with Sheena Lindahl

Jason Hartman is joined by President and Co-Founder of Empact, Sheena Lindahl, to talk about the growth of entrepreneurship in young people and Empact’s Extreme Entrepreneurship Tour, which supports and showcases entrepreneurs age 30 and under. Sheena talks about the misperception that most entrepreneurial...

YW 42 – Success Growing Like a Weed with Matt Mickiewicz

On this episode, Jason Hartman interviews one of Forbes Magazine “30 under 30” entrepreneurs, Matt Mickiewicz, co-founder of popular websites SitePoint.com, 99designs.com, and most recently, Flippa.com.  Matt began his journey at around the age of 15, at the beginning of the dotcom boom, building websites as a hobby. He had...

YW 41 – Foundation for Economic Education with Lawrence Reed

On this episode of the Young Wealth Show, Jason talks with President of the Foundation for Economic Education, Lawrence Reed about economic issues, briefly discussing some of the policies of Grover Cleveland that were designed for the people rather than for the government, the entrepreneurial spirit of John D. Rockefeller,...

Archive